Great West Life Assurance Co. Can held its position in National General Holdings Corp (NASDAQ:NGHC) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 7,754 shares of the insurance provider’s stock at the end of the second quarter. Great West Life Assurance Co. Can’s holdings in National General Holdings Corp were worth $163,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of NGHC. Nomura Holdings Inc. purchased a new position in National General Holdings Corp during the 1st quarter valued at $310,000. Legal & General Group Plc boosted its holdings in National General Holdings Corp by 15.2% during the 1st quarter. Legal & General Group Plc now owns 16,545 shares of the insurance provider’s stock valued at $393,000 after acquiring an additional 2,188 shares during the period. Advisors Asset Management Inc. boosted its holdings in National General Holdings Corp by 89.9% during the 1st quarter. Advisors Asset Management Inc. now owns 21,227 shares of the insurance provider’s stock valued at $504,000 after acquiring an additional 10,050 shares during the period. Capital Fund Management S.A. purchased a new position in National General Holdings Corp during the 1st quarter valued at $508,000. Finally, Tudor Investment Corp ET AL purchased a new position in National General Holdings Corp during the 1st quarter valued at $518,000. Institutional investors own 45.97% of the company’s stock.

A number of equities analysts recently issued reports on NGHC shares. ValuEngine cut National General Holdings Corp from a “buy” rating to a “hold” rating in a report on Thursday, May 25th. Keefe, Bruyette & Woods restated a “buy” rating and set a $27.00 price objective on shares of National General Holdings Corp in a report on Wednesday, June 21st. BidaskClub upgraded National General Holdings Corp from a “strong sell” rating to a “sell” rating in a report on Friday, June 30th. Zacks Investment Research upgraded National General Holdings Corp from a “strong sell” rating to a “hold” rating and set a $24.00 price objective for the company in a report on Thursday, July 20th. Finally, TheStreet cut National General Holdings Corp from a “b-” rating to a “c” rating in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $24.67.

In other National General Holdings Corp news, CEO Barry Karfunkel bought 25,000 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was bought at an average price of $18.25 per share, with a total value of $456,250.00. Following the completion of the purchase, the chief executive officer now directly owns 110,073 shares in the company, valued at $2,008,832.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Peter A. Rendall sold 30,901 shares of the firm’s stock in a transaction on Friday, June 30th. The stock was sold at an average price of $21.06, for a total value of $650,775.06. Following the sale, the chief operating officer now directly owns 126 shares of the company’s stock, valued at approximately $2,653.56. The disclosure for this sale can be found here. 3.43% of the stock is owned by company insiders.

National General Holdings Corp (NASDAQ:NGHC) opened at 17.69 on Friday. The company’s 50-day moving average price is $18.31 and its 200-day moving average price is $21.28. National General Holdings Corp has a 12-month low of $16.21 and a 12-month high of $26.99. The stock has a market cap of $1.89 billion, a PE ratio of 23.91 and a beta of 1.28.

National General Holdings Corp (NASDAQ:NGHC) last posted its earnings results on Monday, August 7th. The insurance provider reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.28). The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $966.51 million. National General Holdings Corp had a return on equity of 7.80% and a net margin of 2.13%. National General Holdings Corp’s revenue was up 36.2% compared to the same quarter last year. During the same period last year, the business earned $0.41 EPS. On average, equities analysts expect that National General Holdings Corp will post $1.28 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Sunday, October 1st will be paid a dividend of $0.04 per share. The ex-dividend date is Thursday, September 28th. This represents a $0.16 annualized dividend and a yield of 0.90%. National General Holdings Corp’s dividend payout ratio (DPR) is 22.22%.

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National General Holdings Corp Profile

National General Holdings Corp. is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.

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Institutional Ownership by Quarter for National General Holdings Corp (NASDAQ:NGHC)

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